$292 Million Kelp DAO Exploit Becomes Largest DeFi Hack of 2026

Kelp DAO Bridge Attack Drains 116,500 rsETH Across 20 Chains A major security breach has struck the decentralized finance sector after an attacker drained 116,500 rsETH tokens, valued at roughly $292 million, from Kelp DAO’s cross-chain bridge. The stolen amount represents about 18% of the token’s circulating supply, making it the largest DeFi exploit recorded … Continue reading $292 Million Kelp DAO Exploit Becomes Largest DeFi Hack of 2026